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Daily Archives: September 12, 2019
Draghi out of options, leads EU deeper into negative consequences
Today European Central Bank head (ECB) President Mario Draghi made his last rate announcement before incoming head Christine Lagarde replaces him on November 1. Having held its policy rate at negative .40% since March 2016, the ECB today cut by … Continue reading
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New report: gas plants and pipelines to be undercut by renewables and storage
A new report by The Rocky Mountain Institute finds that natural gas-fired power plants, which have crushed the economics of coal, will soon be undercut by renewable power and big batteries. As wind, solar, and energy storage technologies have improved … Continue reading
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